#MarketRebound In a surprise reversal, former President Donald Trump told reporters Tuesday night he had “no intention” of firing Federal Reserve Chair Jerome Powell—sparking a swift rally across stocks and crypto markets.
The comment came after days of Trump calling Powell a “major loser” and demanding rate cuts, even suggesting his removal was imminent. But with one sentence, the tension lifted, and markets reacted fast.
Trump’s words still move markets—stocks, crypto, gold, and beyond. One comment about Powell, and trillions were added to global value by morning.